SEVERNA PARK HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in September, with 31 sold this month in Severna Park Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.

Versus last year, the total number of homes available this month is lower by 1 units or 3%. The total number of active inventory this September was 34 compared to 35 in September 2024. This month's total of 34 is lower than the previous month's total supply of available inventory of 49, a decrease of 31%.

Last September, the median sale price for Severna Park Homes was $625,000. This September, the median sale price was $750,000, an increase of 20% or $125,000 compared to last year. The current median sold price is 3% lower than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 1.1 months of supply available in Severna Park, compared to 1.8 in September 2024. That is a decrease of 40% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 14 homes newly listed for sale in Severna Park compared to 18 in September 2024, a decrease of 22%. There were 25 current contracts pending sale this September compared to 16 a year ago. The number of current contracts is 56% higher than last September.

In September, the average sale price in Severna Park was 99.9% of the average list price, which is 2.0% lower than at this time last year.

This month, the average number of days on market was 35, higher than the average last year, which was 12. This increase was impacted by the limited number of sales.





FOCUS ON: SEVERNA PARK HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 21146
Units Sold 31	Active Inventory 34	Median Sale Price $750,000	Days On Market 35

Up Vs. Year Ago	Down -3% Vs. Year Ago	Up 20% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in September, with 31 sold this month in Severna Park Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 1 units or 3%. The total number of active inventory this September was 34 compared to 35 in September 2024. This month's total of 34 is lower than the previous month's total supply of available inventory of 49, a decrease of 31%.
		Median Sale Price Last September, the median sale price for Severna Park Homes was $625,000. This September, the median sale price was $750,000, an increase of 20% or $125,000 compared to last year. The current median sold price is 3% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 14	Current Contracts 25	Sold Vs. List Price 99.9%	Months of Supply 1.1

Down -22% Vs. Year Ago	Up 56% Vs. Year Ago	Down -2% Vs. Year Ago	Down -40% Vs. Year Ago


		Months of Supply In September, there was 1.1 months of supply available in Severna Park, compared to 1.8 in September 2024. That is a decrease of 40% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 14 homes newly listed for sale in Severna Park compared to 18 in September 2024, a decrease of 22%. There were 25 current contracts pending sale this September compared to 16 a year ago. The number of current contracts is 56% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Severna Park was 99.9% of the average list price, which is 2.0% lower than at this time last year. Days on Market This month, the average number of days on market was 35, higher than the average last year, which was 12. This increase was impacted by the limited number of sales.


	Severna Park are defined as properties listed in zip code/s 21146.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.